In remarks made during his meeting with The Anadolu Agency’s Editors' desk Friday, Yildiz recalled Turkey’s milestone last week, when it launched its first Turkish-made seismic vessel, the Turkuaz, at a cost of 300 million Turkish liras ($116 million).
The vessel, which operates under the state-owned General Directorate of Mineral Research and Exploration, has the capacity to carry out oil-and-gas exploration apart from conducting climate change and ecological research.
Yildiz revealed that after building Turkuaz, Turkey would now work on building a drill ship and a drilling platform in the country.
He said that Turkey currently paid around a million U.S. dollars per day as rent for such drill ships. "If we can build our own ships and platforms, we can amortize our costs in a few years," Yildiz said.
At the moment, Turkey has one more oil-and-gas exploration ship, the Barbaros Hayrettin Pasa, which is involved in marine seismic research.
About Turkey’s Akkuyu Nuclear Power Plant, Yildiz said that the Russian nuclear company, Rosatom, would build the plant.
"There may be some delays in its construction, but for me, the time that the plant comes into operation is more significant. If the first unit comes into operation later than 2020, then we can say the plant is delayed. However, any costs caused by the delay will be paid by Russia, according to our agreement," he said.
When completed, the Akkuyu Nuclear Power Plant will be Turkey's first nuclear power plant with a capacity of 4,800 megawatts.
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Fresh hopes that Donald Trump and North Korea's leader Kim Jong Un will hold a historic summit within months also provided some much-needed optimism.
The fund cautioned that investors and financial markets expect a steady approach to monetary tightening based on the belief inflation will remain relatively tame.
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BIST 100 decreases 0.12 percent; US dollar/Turkish lira exchange rate stands at 4.1020
Hong Kong and China ended down after fluctuating through the morning on data showing the world's number two economy expanded in January-March at the same rate as the previous three months.
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The United States, Britain and France carried out attacks at the weekend on alleged chemical weapons facilities, in response to what they say was a toxic gas attack by the Russia-backed Assad regime a week before.
Excluding interest payments, central government budget balance saw surplus of nearly $500M in first quarter of 2018
London's FTSE 100 index fell 0.1 percent to 7,254.83 points, with UK advertising giant WPP diving four percent after chief executive Martin Sorrell resigned over the weekend.
The US, Britain and France carried out attacks at the weekend on alleged chemical weapons facilities, in response to what they say was a toxic gas attack by the Russia-backed Assad regime a week before.